Mumbai, May 3 : The iconic R K Studios, purchased recently by the Godrej Properties Limited(GPL), will be revamped into a modern residential apartments complex and a luxury retail centre, said a GPL official here on Friday. Founded in 1948,the R K Studios sprawls across 2.20 acres land in the Chembur neighbourhood of Mumbai Northeast.
GPL Executive Chairman Pirojsha Godrej said that the deal fits within the company’s strategy of deepening its presence in key locations across India's leading cities.
"We will seek to ensure we celebrate the remarkable legacy of this site with the goal of delivering an outstanding lifestyle for its residents,"added Godrej. The 71-year-old R K Studios was battered by a disastrous blaze on September 16 of 2017. (UNI)